Harworth Group (LON:HWG) Price Target Raised to GBX 202 at Berenberg Bank

Harworth Group (LON:HWG) had its price target boosted by research analysts at Berenberg Bank from GBX 201 to GBX 202 in a research note issued on Monday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 23.55% from the company’s previous close.

Several other equities research analysts have also issued reports on HWG. Jefferies Financial Group increased their price objective on shares of Harworth Group from GBX 210 to GBX 212 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Panmure Gordon reiterated a “buy” rating and issued a GBX 215 target price on shares of Harworth Group in a research note on Monday, January 19th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 209.75.

Harworth Group Trading Up 0.9%

HWG stock traded up GBX 1.50 during trading on Monday, reaching GBX 163.50. 217,503 shares of the stock traded hands, compared to its average volume of 107,741. The firm has a market capitalization of £530.10 million, a PE ratio of 10.41 and a beta of 0.74. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. The business’s 50 day moving average price is GBX 164.02 and its 200-day moving average price is GBX 169.90. Harworth Group has a 52-week low of GBX 158 and a 52-week high of GBX 190.50.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.